Work required involves pulling up carpet in favor of new floors, updating one bathroom, and updating the kitchen.Here's the potential deal breaker: this neighborhood has a very defined split price for FMV based on all the old charming houses whose original owners are moving to assisted care or passing away vs the FMV for the newly rehabbed houses.

It is hard to suppress that passion.

I'm familiar with those listings - they are indeed charming and have architectural detail. 

Also, Sunriver Village is such a charming little area with all its shops, restaurants etc.

This fact in its self suppresses the  appreciation for all 3 & 4plex properties, an appraiser will only comp 4plexs to 4plexs. 

However, the location, schools and charm of Edgewood (and the Hollywood area) to me makes it a fairly safe bet.

I think it has incredible charm, good food, and great hard working people.  

MAN, what a crazy flip! Lots of lessons learned on this one but in the end a success!I bought this deal from a local wholesaler, I was wanting to do a bigger projects and make something beautiful. This is the largest ...

There are still affordable houses down there with lots of charm and we have our eye on a property very close to it, but have only read what I could find on the internet about it.  

Don't change to much and ruin it's character and charm of a SFH.